2925 Derita Av. Charlotte, NC 28269

Exceptional investment opportunity: a 3.03-acre shopping center in Charlotte, North Carolina, zoned B-1. This property boasts a prime location along the new Charlotte Red Line high-speed transit rail, approximately 300 yards from a new transit station. The site features two existing small buildings slated for demolition, offering significant redevelopment potential. The property also includes a cell tower, which is available for separate negotiation. The land offers road frontage on both Gibbon Road and Derita Avenue. This area is experiencing rapid growth, with several large-scale developments underway, including townhomes and retail projects nearby. The asking price is $1,500,000, representing a land value of $500,000 per acre. The property's APN is 04513506. This is an individual ownership property. The property's address is 2925 Derita Ave, Charlotte, NC 28269. This is a unique chance to capitalize on the burgeoning Derita area's transformation.